Monday, May 13, 2013

Demand recovery for petrochemicals in Asia remains uncertain amid fragile economic conditions in USA, EU

Demand recovery for petrochemicals in Asia remains uncertain as fragile economic conditions in the US and the eurozone continue to drag down growth in the key China market, as per ICIS.


Manufacturinng activities in China have been weakening, turning in a Purchasing Managers’ Index (PMI) reading of 50.



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